Let’s say we hit all the targets and have a 10TCF resource. At...

Let’s say we hit all the targets and have a 10TCF resource. At $3 per thousand cubic feet that is approx $US30b value at the well head. Assume PSA gives government 70% then the remaining 30% is worth $US9b. Further assume we keep 33% after farm out then our share is $US3b. That doesn’t take into account processing and transportation costs, quality, contract terms etc. so this is a very rough calculation.
What does that make the MC and therefore share price? Who knows, but I guarantee it would be many bags above where we are now. A $1b cap is not out of the question, especially if we can open up more ground and make further discoveries.
All calculations are purely speculative and for the intellectual exercise. We have a lot of work to do before these figures get anywhere near reality.